#RealEstateInvestment

Tokyu Real Estate Investment Corporation has borrowed 1,200 million yen in green loans from Mizuho Bank, Ltd., and plans to repay the 1,700 million yen long-term borrowings borrowed in November 2018.

Frontier Real Estate Investment Corporation has decided to borrow 2,000 million yen from Fukuoka Bank on May 11, 2026, with plans to repay the entire amount on the same day. The borrowing interest rate is 0.93936%, unsecured and unguaranteed.

Received a termination notice from a tenant at Tokyu Ikejiri Ohashi Building. The scheduled vacated leased area is 1,633.40㎡, with the termination date set for 2026-10-31.

For the fiscal year ending February 2026, operating revenue was 2,882 million yen (YoY +10.3%), operating loss was 3,323 million yen, net loss attributable to owners of parent was 4,009 million yen, and dividend per unit was 0 yen. Significant impairment losses were the primary cause of the substantial net profit decline.

For the fiscal year ending February 2026, operating revenue was 2,882 million yen (up 10.3% YoY), net loss attributable to owners of parent was 4,009 million yen, the number of issued investment units was 467,099 units, and the securities report is scheduled for submission on May 28, 2026.

Unprocessed loss of 4,009 million yen for the fiscal year ending February 2026 is deducted from the total capital contribution through a share buyback by capital reduction without consideration, restoring distributable retained earnings.

Operating revenue for the fiscal year ending August 2026 is revised upward to JPY 3,757 million (+1.3% from previous forecast), operating income to JPY 1,987 million (+43.4%), ordinary income to JPY 1,664 million (+58.3%), net income attributable to owners of parent to JPY 1,663 million (+58.4%), and dividend per unit to JPY 3,560 (+58.3%).

Japan Real Estate Investment Corporation announced on April 28, 2026, the decision to additionally acquire the Nishi-Shinjuku Mitsui Building for 246 million yen.

United Urban Investment Corporation has concluded a lease agreement for the quasi-co-ownership interest in the land of Shinsaibashi OPA Main Building for temporary use from June 1, 2026 to May 24, 2029, with the initial year rent set at 686 million yen.

Announced that the borrowing interest rate for the long-term loan of 1,200 million yen scheduled for April 30, 2026, has been set at 2.33124% (fixed rate).

Heiwa Real Estate REIT, Inc. plans to transfer HF Nishi-Shinjuku Residence WEST (3.5 billion yen) and EAST (2.05 billion yen), expecting a total transfer gain of approximately 5.55 billion yen.

Nippon Building Fund Inc. will refinance a total of 6 billion yen in short-term borrowings on April 30, 2026, planning unsecured and non-guaranteed lump-sum repayment at maturity.